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  • June 12, 2023
  • Article
  • Columbia FDI Perspectives

The Limits of Capacity Building for Investment Contract Negotiations

By: Karl P. Sauvant, Vanessa Sze Wai Tsang and Louis T. Wells
  • Format:Electronic
  • | Pages:4
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Abstract

Developing countries must negotiate the best possible investment contracts with foreign investors at the outset. Donor organizations regularly push for “capacity building” to create technical expertise for negotiations within host country governments. But building and maintaining technical expertise within a government is a time-intensive and costly undertaking, and it often fails. Accordingly, this Perspective discusses the limits of capacity building and when capacity building may be worthwhile.

Keywords

International Finance; Contracts; Negotiation

Citation

Sauvant, Karl P., Vanessa Sze Wai Tsang, and Louis T. Wells. "The Limits of Capacity Building for Investment Contract Negotiations." Columbia FDI Perspectives, no. 359 (June 12, 2023).
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About The Author

Louis T. Wells

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